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| Sponsored by RE/MAX |
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| First Impressions Make the Sale |
| The National Association of REALTORS® attributes half of all home sales to curb appeal. |
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| Single Family Rentals Ignite Management Boom |
| By Steve Cook |
The explosion of single family rental houses bought by real estate investors and rented to a single tenant is creating a new category of property management companies to serve them. Last year, 1.2 million U.S. properties were acquired for investment purposes, up from 749,000 in 2010, according to RealtyTrac. This year, the investment boom has continued, with investors accounting for about 20 percent of all home sales. With the vast majority of investors following a “buy and hold” strategy rather than flipping, millions of properties have entered the rental inventory. Two months ago, a study by CoreLogic found that single family rentals have ...
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(MCT)—Despite a steadying housing market, sellers and real estate agents still complain that low appraisals delay or kill up to 15 percent of all deals. In recent years, agents and others blamed a 2009 law that they said inadvertently led to less-experienced appraisers working in unfamiliar neighborhoods.
